State Bank of Pakistan (SBP)
How to Apply for SBP Cyber Risk Officer & SBOTS 28th Batch ( Application Details Inside)
3 min read
The State Bank of Pakistan (SBP) is inviting applications for its two flagship recruitment programs: the SBP Cyber Risk Officer scheme and the State Bank…
Most Bank Accounts in Pakistan Hold Less Than Rs50,000
2 min read
Most bank accounts in Pakistan have relatively modest balances, with new central bank figures showing that over 70% of accounts hold deposits of less than…
SBP Foreign Exchange Reserves Decline by $2.65 Billion in One Week
2 min read
The SBP foreign exchange reserves witnessed a sharp decline of $2.65 billion in a single week, dropping to $9.06 billion as of June 20, 2025,…
Fact Check: Has SBP Issued a New Rs1,000 Currency Note?
2 min read
A fact check has revealed that the viral Rs1,000 currency note circulating on social media is fake, as confirmed by the State Bank of Pakistan…
SBP: Cash Still Dominates High-Value Payments in Pakistan
2 min read
While digital payments in Pakistan continue to grow rapidly, a major challenge persists: high-value transactions remain largely paper-based. According to the State Bank of Pakistan…
Digital Payments Now Make Up 89% of Retail Transactions in Pakistan
2 min read
Pakistan’s retail landscape has undergone a significant digital transformation, with nearly 90% of retail payments now processed through digital channels, according to the State Bank…
Unclaimed Bank Deposits Moved to SBP: Step-by-Step Guide to Claim Your Funds
3 min read
The State Bank of Pakistan (SBP) has confirmed that all unclaimed deposits in Pakistan up to December 31, 2023, have been surrendered by banks and…
SBP Calls for Long-Term Investment Incentives
3 min read
ISLAMABAD: As Pakistan’s rupee comes under renewed pressure, the State Bank of Pakistan (SBP) has proposed tying tax benefits to longer-term foreign investments in government…
Pakistan Posts $103mn Current Account Deficit in May 2025
2 min read
Pakistan’s current account swung into a $103 million deficit in May 2025, reversing the surplus of $47 million seen in April, according to new data…
Pakistan’s Foreign Exchange Reserves Hit 26-Month High
2 min read
KARACHI: Pakistan’s foreign exchange reserves hit a 26-month high, rising by $167 million on a weekly basis, according to the latest data issued by the…
SBP’s PRISM+ Launch: The End of Payment Problems in Pakistan?
2 min read
The State Bank of Pakistan (SBP) has announced the launch of the PRISM+ payment system, set to go live on June 16, 2025, under its…
SBP Issues Halan Microfinance Bank License Across Pakistan
2 min read
The State Bank of Pakistan has issued a nationwide Halan Microfinance Bank license, marking a key step for the fintech-backed lender. Effective June 3 2025,…
Pakistan’s Central Govt Debt Rises by 13.4% YoY
2 min read
The federal government’s total public debt has climbed to nearly Rs. 75 trillion, marking a significant increase of 13.4 percent year-on-year (YoY), according to recent…
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